The import of scent sprays and similar toilet sprays to India is forecasted to increase steadily from 2024 to 2028. In 2023, the import volume stood at an approximate value of 4.9 million kilograms. The imports are expected to grow from 5.121 million kilograms in 2024 to 6.0175 million kilograms by 2028, marking a continuous upward trend.
Key variations to note include:
- 2024-2025: A year-on-year increase of approximately 4.52%.
- 2025-2026: An increase of about 4.23%.
- 2026-2027: A growth of roughly 3.98%.
- 2027-2028: An increase of nearly 3.82%.
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.11%.
Future trends to watch for include shifts in consumer preferences towards different fragrance profiles, potential policy changes regarding imports, and the impact of domestic production capabilities on the import dynamics.
